CLR
Posted: Sun Mar 16, 2014 2:08 pm
Continental Resources (CLR): An updated Profile and an updated Net Income & Cash Flow Forecast model have been posted under the Sweet 16 Tab.
My Fair Value Estimate increases to $147.65, compared to First Call's Price Target of $132.90.
Company guidance is for year-over-year production growth of 26% to 32% in 2014.
CLR's production for 2014 will be approximately 31% of what EOG's production will be. CLR's production is growing faster, but it has a long way to go before it catches up to EOG.
My Fair Value Estimate increases to $147.65, compared to First Call's Price Target of $132.90.
Company guidance is for year-over-year production growth of 26% to 32% in 2014.
CLR's production for 2014 will be approximately 31% of what EOG's production will be. CLR's production is growing faster, but it has a long way to go before it catches up to EOG.